Genuit Group (LON:GEN) Stock Price Up 1.4% - Should You Buy?

Key Points

• Genuit Group shares increased by 1.4%, reaching GBX 394 ($5.22), with trading volume up 34% compared to the average.
• Analyst ratings improved, with JPMorgan upgrading the stock to an "overweight" rating and raising the target price to GBX 490 ($6.50), while Berenberg Bank set a price target of GBX 525 ($6.96).
• Genuit Group, valued at approximately £977.24 million, is recognized as the UK's largest provider of sustainable water, climate, and ventilation products for the built environment.

Genuit Group plc (LON:GEN - Get Free Report)'s share price traded up 1.4% on Wednesday . The company traded as high as GBX 395.50 ($5.25) and last traded at GBX 394 ($5.23). 1,704,757 shares traded hands during trading, an increase of 34% from the average session volume of 1,272,526 shares. The stock had previously closed at GBX 388.50 ($5.16).

Wall Street Analysts Forecast Growth

GEN has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of Genuit Group to an "overweight" rating and lifted their target price for the stock from GBX 450 ($5.97) to GBX 490 ($6.50) in a report on Wednesday, July 9th. Berenberg Bank restated a "buy" rating and set a GBX 525 ($6.97) price objective on shares of Genuit Group in a report on Monday, May 19th.

Genuit Group Trading Down 1.5%

The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 28.10. The business's 50 day moving average price is GBX 391.13 and its 200-day moving average price is GBX 377.57. The company has a market cap of £952.44 million, a price-to-earnings ratio of 40.29, a PEG ratio of 3.23 and a beta of 1.28.

Genuit Group Company Profile

Genuit Group plc is the UK's largest provider of sustainable water, climate and ventilation products for the built environment. Genuit's solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets. The Group is divided into three Business Units, each of which addresses specific challenges in the built environment: - Climate Management Solutions - Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.